6 thoughts on “Economic crisis news

  1. Britain:

    Experts slam City for short-termism

    BONUSES: Economic experts slammed the bonuses paid to City high fliers today for creating “a culture of short-termism” that is damaging the prospects of businesses.

    A report commissioned by Business Secretary Vince Cable said the financial sector is too heavily geared towards rewarding traders and middle men and not focusing enough on long-term investment and providing returns to shareholders.

    Author London School of Economics professor John Kay hit out at bonuses based on short-term performance.

    http://www.morningstaronline.co.uk/index.php/news/content/view/full/121761

  2. Pingback: Tony Blair defends fraudulent bankers | Dear Kitty. Some blog

  3. Pingback: Barroso wants European austerity empire | Dear Kitty. Some blog

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